Education Loan interest weiver policy
Education loan interest weiver for morotorium period

Deny to give interest waiver on education loan for morotorium period

Respected Sir,

I have taken a education loan from Federal Bank, Neendakara Brach (kerala), in June period for my B.sc nursing studies. In budget 10 our finance minister said about a interest waiver scheme for the moratorium period of the education loan (i.e 12 month after completion the course or 6 month after getting the job which ever is earlier). Under this scheme he said that the the student from weaker section (i.e whose family income is below 4 lakh per annum) can avail this facility. Sir we fall in this weaker section our family income is very low. We have approched the bank to get the detail of weiver policy but they said that they have not received any circular from Govt of India regarding this.

As we all know that this was the highlight of budget 10. I am sendind you the link below so that you can see that the information provided by me is correct

http://indiabudget.nic.in/ub10/bh/bh1.pdf

Company: Education Loan interest weiver policy
Country: India

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